Tasmanian L/hold 26 ensuite room Hotel Motel Function Centre Water Views $195,000 New lease Low rent

A licensed Hotel Motel with huge potential and so much to offer such as

Spacious public bar, with character, wood heating,8 ball tables,darts, outdoor smoking area, walk in cool-room and more

Dinning Function room capable of seating more than 250 patrons, which can be can be segregated into smaller areas, 2nd function room, large commercial kitchen

26 ensuite rooms of varying configuration, some with water views.

5 bedroom/ 2 bathroom owners residence.

Building size 2390m2, land size 5000m2, 10 roller door garages

$200,000 spent on improvements, upgrades and replacements in last 5 years.

Available leasehold $195,000 with a new 6 x 5 year year lease,$1000 pw rent, or freehold offers over $1.65m, which represents a fraction of the replacement cost.

if you have the drive, enthusiasm, professional ability, the sheer size offers the potential to generate serious $$$, with the right management.

The owner will lease with the option to purchase the freehold and or some vendor 1st mortgage finance available to suitable purchaser.

Situated in a city with population in excess of 20,000, supported by manufacturing, farming and forestry, with a busy port.

Become part of the Tasmanian booming tourism industry, phone Paul Scott on 0477 771 098, email pauls@tasbps.com.au

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate

Address 20 Edwardes St
Price $195,000+ sav
Property Type business
Property ID 66
Category Accommodation/Tourism

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Paul Scott

0477771098
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Paul Scott photo

Paul Scott

0477771098
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